Is 30531, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 30531 has remained a Seller's Market.
Housing Prices in 30531, GA
How much do homes in 30531, GA cost?
Median Sold Price
$320,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 30531 was $320,000 in March 2024, up 9.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $135K | -54.2% |
2 Bedrooms | $160K | $255K | +59.4% |
3 Bedrooms | $279.3K | $289K | +3.5% |
4 Bedrooms | $338.8K | $344.7K | +1.7% |
5+ Bedrooms | $415K | $379.6K | -8.5% |
Summary: 30531 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.2%, 2 bedroom homes increased by 59.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 8.5%.
Housing Supply in 30531, GA
How many homes are available in 30531, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 39 | -7.1% |
Summary: The 30531 real estate market had 39 homes for sale in March 2024, a 7.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 14 | 12 | -14.3% |
5+ Bedrooms | 12 | 7 | -41.7% |
Summary: The 30531 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 41.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 13 | +62.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 30531 in March 2024, up by 62.5% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 30531, GA
How long does it take to sell a home in 30531, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 36 Days | +21.3% |
Summary: Homes in 30531 had an average of 36 days on market in Mar 2024, up by 21.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 30531; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.